Current Affairs 19th October 2022 Daily GK Update

Current Affairs 19th October 2022 Daily GK Update

Daily Current Affairs 2022: Daily GK update is the most important section for any competitive examination. Current affairs are generally asked from the last 5-6 months, so here, Ambitious Baba regularly updates the Daily GK Update & daily Current affairs 2022.

If you are preparing for Government Job Exams, then it is very important for you to read the Daily Current Affairs 2022, Daily GK Update 2022. All the important updates based on current affairs 2022 are included in this Daily Current Affairs 2022 article.

All the serious candidates are advised to bookmark this page and read the GK Update on a daily basis. It will help you mug up the important current affairs 2022 / Daily GK Update for LIC, IBPS, SBI PO, SSC, Railways, SBI Clerk 2022 State, and NRA CET Exam of 2022.

National News

Government approved increase in Minimum Support Price for all Rabi Crops for Marketing Season 2023-24

  • The Union Cabinet has approved an increase in the Minimum Support Price (MSP) for all Rabi Crops for the Marketing Season 2023-24.
  • The highest increase has been cleared for lentils with a hike of 500 rupees per quintal.
  • The MSP on wheat has been hiked by 110 rupees and barley by 100 rupees.
  • The increase is in line with the Union Budget 2018-19 announcement of fixing the MSP at a level of a minimum of 1.5 times of the All-India weighted average Cost of Production.

Jitendra Singh launched Integrated Pensioners’ Portal

  • Union Minister Jitendra Singh has launched the Single Integrated Pensioners’ Portal.
  • The portal is developed in collaboration with the State Bank of India and aimed at ‘Ease of Living’ for the central government pensioners.
  • All remaining 16 pension disbursing banks will now begin their integration with Bhavishya.
  • Bhavishya 9.0 version is being released with its integration with Pension Disbursing Banks.
  • havishya is a portal for pension payment and tracking system. It is being integrated with the Pension Seva portal of SBI and will enable pensioners to get all information and services at one place with a single login.
  • The following portals have now been merged with the Bhavishya window: CPENGRAMS, ANUBHAV, ANUDAAN, SANKALP & Pension.

PM Modi launched Pradhan Mantri Bhartiya Jan Urvarak Pariyojana

  • PM Narendra Modi has launched the ‘One Nation, One Fertiliser’ scheme (or PM Bhartiya Jan Urvarak Pariyojana) at the PM Kisan Samman Sammelan 2022 at the Indian Agricultural Research Institute in New Delhi.
  • The One Nation One Fertiliser scheme will prevent the criss-cross movement of fertilizers and reduce high freight subsidies.
  • Modi has also launched an e-magazine on fertilizers, called Indian Edge.
  • The magazine will provide information on domestic and international fertilizer scenarios, including recent developments, price trend analysis, availability and consumption, and success stories of farmers, among others.
  • Modi also inaugurated 600 PM Kisan Samruddhi Kendras (PM-KSK) that will act as a one-stop-shop for farmers who can buy products and avail of multiple services related to the agriculture sector.
  • The Centre also intends to convert more than 3.3 lakh fertilizer retail shops in the country into PM- Kisan Samruddhi Kendras (PM-KSK) in a phased manner.
  • The PM-KSK will supply agri-inputs like seeds, fertilizers, and farm implements. It will also provide testing facilities for soil, seeds and fertilizers. Information about government schemes will also be provided.

About the One Nation One Fertilizer scheme-

  • All subsidized soil nutrients – urea, di-ammonium phosphate (DAP), Muriate of Potash (MoP), and NPK – will be marketed under the single brand Bharat across the nation.
  • With the launch of this scheme, India will have a common bag design across the country like Bharat urea, Bharat DAP, Bharat MOP, Bharat NPK, and so on.
  • The rationale is that since fertilizers of a particular category must meet the nutrient-content specifications of the Fertilizer Control Order (FCO), there is no product differentiation among different brands for each type of fertilizer.

The objective of both the initiatives, the PMKSK and ‘One Nation, One Fertilizer’, is to maximize farm production by ensuring easy availability of fertilizers and other Agri services to farmers at affordable prices and to promote the balanced nutrient application.

CASHe partnered with IRCTC to launch ‘travel now pay later’ facility

  • AI-driven financial wellness platform CASHe has partnered with Indian Railways Catering and Tourism Corporation (IRCTC) to provide a ’travel now pay later’ (TNPL) payment option on its travel app IRCTC Rail Connect.
  • This will enable travelers of Indian Railways to book their rail tickets instantly and pay for it later in pocket-friendly EMIs, ranging from three to six months.
  • The EMI payment option will be available on the IRCTC travel app’s checkout page for passengers booking their reserved and tatkal tickets.
  • More than 1.5 million railway tickets are booked on the IRCTC travel app per day.

Recent MoUs

  • RBL Bank partnered with BookMyShow to launch ‘Play’ credit card
  • IDBI Bank partnered with Vayana Network on supply chain finance
  • DBS partnered with sandbox to launch ‘DBS BetterWorld’
  • HDFC Bank signed an MoU with Institute of Economic Growth to conduct independent research
  • HDFC ERGO to build online insurance platform on Google Cloud
  • HDFC Bank partnered with Tata Neu to launch two new credit cards
  • Universal Sompo partnered with Repco Home Finance to insure loans

Hardeep Puri inaugurated Asia’s largest Compressed Bio Gas plant

  • Union Minister of Petroleum and Natural Gas Hardeep Singh Puri has inaugurated Asia’s largest Compressed Bio Gas (CBG) plant in Lehragaga, Sangrur, Punjab.
  • The plant has been commissioned with a foreign direct investment (FDI) of approximately Rs. 220 crores by Verbio AG, one of Germany’s leading bio-energy companies.
  • The CBG plant at Sangrur is spread across an area of 20 acres. The plant’s present production is about six tonnes per day but soon it will process 300 tonnes of paddy straw per day to produce 33 TPD of compressed biogas using eight digesters of 10,000 cubic meters.
  • The present production of plant is about six tonnes per day.

UIDAI topped Grievance Redressal Index for second consecutive month

  • The Unique Identification Authority of India (UIDAI) has topped among all govt depts for resolving public grievances in the rankings report published by the Department of Administrative Reforms and Public Grievances for September 2022.
  • This is the second consecutive month UIDAI has topped the rankings.
  • UIDAI is able to resolve around 92% of Grievances within a week.

International News

India lifted 415 million out of poverty in 15 years: UN report

  • The number of people living below the poverty line in India decreased by 415 million between 2005-06 & 2019-21, according to a Multidimensional Poverty Index 2022.
  • The index has been released jointly by the UN Development Programme (UNDP) and Oxford University.
  • However, the index has stated that India still has the world’s highest number of poor at 228.9 million, followed by Nigeria (96.7 million projected in 2020).
  • The report found that across 111 countries which were assessed using the most recent comparable data available, 1.2 billion people (19.1 percent) live in acute poverty and almost half of these people (593 million) are children under the age of 18 years.
  • The developing region with the largest number of poor people is Sub-Saharan Africa (nearly 579 million), followed by South Asia (385 million).
  • According to the report, India had 97 million poor children in 2019-21. This translates into more than one in five children (21.8 percent)–more than the total number of poor people in any other country covered by MPI.
  • Ninety percent of India’s poor people live in rural areas and 10 percent in urban areas.
  • Bihar continues to be the poorest state in the country. Others among the top 10 poorest states were Jharkhand, Meghalaya, Madhya Pradesh, Uttar Pradesh, Assam, Odisha, Chhattisgarh, Arunachal Pradesh, and Rajasthan. West Bengal was the only state among the top 10 poorest in India in 2015-16, and not in 2019-21.

About United Nations Development Programme (UNDP)

  • Formation – 22 November 196
  • Headquarters – New York City
  • Head – Achim Steiner
  • Total Countries – 170

Banking and Financial

LIC launched new ‘Dhan Varsha’ plan

  • Life Insurance Corporation (LIC) has launched a new scheme ‘LIC Dhan Varsha.’
  • This is a non-linked, non-participating, individual, savings life insurance plan that offers a combination of protection and savings.
  • This is a close-ended plan and would be available for sale till March 31, 2023.
  • Premiums can be paid in single (lumpsum) payment mode only.
  • The policy can be surrendered by the policyholder at any time during the policy term.

About Life Insurance Corporation of India (LIC)

  • Founded – 1956
  • Headquarters – Mumbai
  • Chairman – M. R. Kumar
  • Managing Director – 4 ( Mini Ipe, BC Patnaik, Siddhartha Mohanty, & Raj Kumar)

Appointment and Resignation

Deependra Singh Rathore appointed as Interim CEO of Paytm Payments Bank

  • Paytm Payments Bank has appointed Deependra Singh Rathore as the interim Chief Executive Officer (CEO), in addition to his role as Chief Product & Technology Officer.
  • He will replace Satish Gupta, who is presently serving as the bank’s CEO, and retire in October 2022.
  • The bank will announce the new full-time CEO after receiving regulatory approvals.
  • The bank has also appointed Sunil Chander Sharma, a former IRS officer as Chief Operating Officer (COO).

Recent Appointment in Banking Sector

  • Chairman of Yubi – Atanu Chakraborty
  • Whole-time member at SEBI – Ananth Narayan Gopalakrishnan
  • MD & CEO of SBI General Insurance – Kishore Poludasu
  • MD & CEO of Yes Bank – Prashant Kumar
  • MD & CEO of Aviva Life Insurance – Asit Rath
  • MD & CEO of Tamilnad Mercantile Bank – Krishnan Sankarasubramaniam

Bharati Das appointed as new Controller General of Accounts

  • An officer of the Indian Civil Accounts Service of 1988 batch Bharati Das has been appointed as the Controller General of Accounts (CGA) Department of Expenditure, Ministry of Finance.
  • She is the 27th Controller General of Accounts, Ministry of Finance.
  • Das has served as the Principal Chief Controller of Accounts at the Central Board of Direct Taxes, at the Ministry of External Affairs, and at the Ministry of Home Affairs.
  • In February 2022, the Centre had given the charge of the Controller General of Accounts, Department of Expenditure, Ministry of Finance to Sonali Singh, Additional Controller General of Accounts, after the superannuation of Dipak Dash.
  • Sonali Singh joined CGA as Additional Controller General of Accounts in October 2019. Before that she served as Additional Secretary at Central Vigilance Commission.

Other appointment

  • Comptroller and Auditor General of India (CAG) – G. C. Murmu
  • National Security Advisor of India (NSA) – Ajit Doval
  • Central Vigilance Commission of India (CVC) – Suresh N. Patel
  • Chairman of Competition Commission of India (CCI) – Ashok Kumar Gupta


Barbara Metcalf conferred Sir Syed Excellence Award for 2022

  • American historian Barbara Metcalf has been awarded the Sir Syed Excellence Award 2022 by the Aligarh Muslim University (AMU) on the 205th birth anniversary of its founder Sir Syed Ahmad Khan.
  • She has written extensively on the history of the Muslim population of India and Pakistan.
  • Metcalf pointed out that her studies on Indian nationalism and the role of Indian Muslims, especially Islamic scholars in the freedom movement, had convinced her that Islamic scholars, the Ulemas, are “one social category which has often been subjected to the stereotype derived just by looking at their physical appearance.”

Recent Awards

  • Booker Prize 2022 – Sri Lanka’s Shehan Karunatilaka (Seven Moons of Maali Almeida)
  • World Green City award 2022 – Hyderabad
  • FIH Goalkeeper of the Year awards 2021-22 – women’s – Savita Punia & men’s – PR Sreejesh
  • 32nd Bihari Puraskar – Madhav Hada
  • SASTRA Ramanujan Prize 2022 – Yunqing Tang


Jyothi Yarraji breaks national record in 100m hurdles

  • Jyothi Yarraji has become the first Indian woman to finish the 100m hurdles race in under 13 seconds at the National Open Athletics Championships in Bengaluru.
  • Jyothi, 23, clocked her victory at 12.82 seconds & also broke her own national record at the event.
  • She had won the same event in the National Games in Gandhinagar in a time of 12.79 seconds but was supported by wind that exceeded the permissible limit. Her earlier national record was 13.04 set in May.

Important day

18 October – World Menopause Day

  • World Menopause Day is held every year on 18 October.
  • Objective – To raise awareness of menopause and to support options to improve health and well-being for women in mid-life and beyond.
  • Theme 2022 – Cognition and Mood
  • World Menopause Day was established in 1984 by the World Health Organization (WHO) and the International Menopause Society (IMS).

Govt. Schemes Related to Women’s Health –

  • Janani Shishu Suraksha Karyakaram (JSSK)
  • Kasturba Poshan Sahay Yojana (KPSY)
  • Women Helpline Scheme
  • Pradhan Mantri Matritva Vandana Yojana
  • Pradhan Mantri Surakshit Matritva Abhiyan

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